Fuel prices continue to be a significant factor in household budgets and economic stability. Here's a look at the latest पेट्रोल and diesel prices as of January 18, 2026, considering both global trends and regional variations.

Global Market Overview

Global oil prices have shown signs of fluctuation, influenced by a mix of factors, including geopolitical tensions, production decisions by OPEC+ nations, and overall supply and demand dynamics. Recently, increased buying activity in the U.S. ahead of a holiday has contributed to a rise in global oil prices. As of early morning January 18, 2026 (Vietnam time), Brent crude oil was priced at $64.13 per barrel, a 0.58% increase, while WTI crude oil stood at $57.04 per barrel, up by 1.88%.

Regional Price Updates

• United States: As of January 12, 2026, the U.S. retail gas price averaged $2.907 per gallon, a slight decrease from $2.925 the previous week and a more significant drop from $3.168 a year ago. Diesel prices are also down, with the U.S. retail diesel price at $3.459, lower than both the previous week ($3.477) and the previous year ($3.561).
• ** другим странам:** The UAE Fuel Price Committee has announced declines across all categories for January 2026. Super 98 पेट्रोल is now AED2.53 per liter (compared to AED2.70 in December), Special 95 is AED2.42 per liter (down from AED2.58), E-Plus 91 is AED2.34 per liter (previously AED2.51), and diesel is AED2.55 per liter (a decrease from AED2.85). In South Africa, पेट्रोल 93 costs R20.64, पेट्रोल 95 costs R20.75, diesel 0.05% costs R18.41, and diesel 0.005% costs R18.52.

Factors Influencing Prices

Several factors are currently shaping fuel prices. Brian Fournier, Americas senior vice-president and general manager, Mobility at WEX, anticipates relatively stable पेट्रोल and diesel prices in 2026, attributing this to the fading aftershocks of COVID-19 and geopolitical disruptions. He also notes that a cooler macroeconomic backdrop is keeping oil demand in check, and increased support for domestic oil production in the U.S. is contributing to more predictable prices at the pump.

However, other analysts expect diesel prices to potentially increase due to rising demand from the freight market. Refineries may also focus on producing पेट्रोल, which could lead to lower पेट्रोल prices but potentially higher diesel prices.

Impact on Consumers and Industry

Fluctuations in पेट्रोल and diesel prices have a wide-ranging impact. For consumers, these prices directly affect transportation costs and household budgets. Industries such as trucking, freight, and construction, which heavily rely on diesel, are also significantly affected. Stable or declining fuel prices can provide economic relief, while rising prices can lead to increased costs and potential inflationary pressures.

Looking Ahead

The outlook for पेट्रोल and diesel prices in 2026 remains subject to various influencing factors. Monitoring global oil market trends, geopolitical developments, and domestic production policies will be crucial in understanding potential price shifts in the coming months. While some analysts predict relative stability, it's essential to stay informed about these dynamic factors to anticipate and adapt to potential changes in fuel costs.